Australian Prime Minister Scott Morrison announced on Tuesday that they are extending restrictions on social movements.
"Will close shopping centre food courts."
"Will stop real estate auctions, open houses."
"Weddings can proceed only when there are no more than five people present."
"Funerals can proceed only when there are no more than 10 people present."
"Australians must limit the number of guests to their homes."
"Shopping centres can remain open; makes clear that food courts in shopping centres will close."
The AUD/USD pair retreated from daily highs following this announcement and was last seen trading at 0.5915, still adding 1.5% on a daily basis.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.